17 Best Solar Companies in Medway, MA (Sep 2022 Review)

The Cost and Benefits of Solar in Medway

For many readers, the decision of which solar installer to choose depends on pricing. There are a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• Incentives: Those who buy and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your energy bills over 20 years excluding incentives.
• The type and model of solar panels you're planning on getting: More high-tech panels cost more, so that will affect your budget for your solar project.
• Energy consumption: Installing solar panels may be too pricey an investment for households that don't need a good amount of energy each month.
• Average daily sunlight: Since Medway gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your electricity bills will be.

There are many wonderful benefits of solar despite the upfront cost of installation. It can help the planet and your bank account. In addition, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Medway

One of the benefits of installing a solar panel system is earning government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly use the ITC with other state and city incentives. For comprehensive information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Medway

Switching to solar energy can have a meaningful effect on the environment. But how much can switching to solar actually help the environment? The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to think about what to do. Going solar is a practical thing you can do to help. In Medway, the average homeowner can reduce their carbon footprint by 40 pounds a year after going solar. Since solar power is renewable and makes electricity without CO2 emissions, installing solar panels is one easy step you can take to help preserve the planet.